St. Paul daily globe., 1887-01-28
MARKET.
On the Chicago Board of Trade Wheat
Ruled Somewhat Weak and De-
cidedly Lower.
The Alarming Tenor Of Foreign Advices
Had an Unfavorable Effect on the
Quotations.
More Life, However. Was Developed
in the Corn Pit on Spec
ulation.
Transactions in the Financial Circles
of Wall Street.-The General
Review.

CHICAGO Jan. 27.-Wheat ruled weak and
lower The market opened at last nights
closing figures, but sold off steadily 4c owing
to the unfavo. able tenor of the foreign mar
ket advices. There was a rally OF asc on
reported decline in English and French Sc
curities, but second decline set in, when
carried the market down &c and prices closed
at the lowest point of the day and 1sc under
last nights. Considerable ''long" wheat was
thrown on the market when prices began to
decline, and the feeling was rather heavy at
the close. The export clearings were light.
aggregating only 10000 bushels Of wheat
Receipts at eleven points were 386, 900 bushels.
More life was developed in the corn market
and trading was large in speculative way
The feeling was quite weak and great deal
of ''long'' corn was thrown on the market,
under which the chief options declined 1ac
and closed at inside figures. The receipts
were light and the Shipping demand falr.i
There was lively speculative trade in oats
with free selling for future delivery bat
prices held quite steady and closed only a
shade under yesterday. Provisions were
active, with prices averaging higher. Mess
pork advanced 150l719c per barrel; May de-
livery strong, going to S12.S5, but the market
fell back 121ac and closed at about yester-
days prices. The other hog products showed
little change.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. 2, January, opened at TSc,
closing at 7734c; February. 7Sc. closing at
TIC; March, 1890, closing at 771sc; May.
S45Sc, closing at S3$4c. Corn-No. Z, jan
uary, 3515c, closing at 35c: February, 351ac,
closing at 35c; March, 355sc, closing at
352sc; May, Ale, closing at 4U1ac. Oats
No. =. January, 25@c. closing at 253sc; Feb
ruary, 251@c. closing at 253ac; March, 2534c,
closing at 255Ec; May. 3014c, closing at 301sc.
Mess pork per barrel-January, $l2.51H,
ing at S12.4715; March, Sl2.65, closing at
Sl2. 5215; May, S12.671a, closing at Sl2.72h.
Lard per 100 pounds-January, S6.4715. clos
ing at S645; February, s6.47%. closing
at $6.45; March, S6.55, closing at S6.5279: !:
May, S6.65. closing at S6.65. Short
closing at S635; February, S6.40, clos
ing at $685.; March, $6.4O. closing
at S6.37%; May, $6.477a, closing at $3.50.
Cash quotations were as follows; Flour quiet
and unchanged. Wheat No. 2 spring, 7IAc'
No. spring, T0@72c; No. 2 red, 1919. Corn
No. 2, 35c. Oats-No. 2. 25ssc. Rye
No 2, SIC. Barley-No. 2, 50@521ac. Flax
Seed-No. i, $1.06. Prime timothy seed
$l.91@l.92. Mess pork per bbl, Sl2 .4TR
Lard, per 100 lbs, S6.45. Short ribs sides,
loose, S6.35; dry salted shoulders, boxed,
$5.25@5.5U; short clear sides, boxed, S6.T
@6.75. Whisky, dlstilers finished goods,
per gal, S1.18. Sugars, cut loaf, 614@6ssc;
standard A, 534c. Receipts-Flour, 27,OOO bbls;
wheat, $4,000 bu; corn, $4,000 bu: oats,
$1,000 bu; rye. 1000 bu; barley, $4,000 bu.
Shipments-Flour, $4,000 bbls; wheat, $4,000
bu; corn, $4,000 bu: oats. $4,000 bu; rye,
1000 bu; barley, $4,000 bu. On the produce
exchange to-day the butter market ruled
easier; creamery, 20@2Sc; dairy, 15922c.
Eggs, 27@2Sc per dozen.
PETER BERKEY, Pres. F. W. ANDERSON, CASH er
CIV .GRlGGs, Wires. a. c. ANDERSON. Asst. C
1HE ST. PAUL NATIONAL BANK
CAPITAL. $500,000
Coruer Fifth and jackson streeta
MICHAEL DORAN & CO.
COMMISSION MERCHANTS, ST. PAUL. MINI.
Grain and provisions bought and sold for cash
or future delivery. Commission one eighth. Or